Our Island, Our Future

Posts tagged CV-19 Financial Support

The Misses Nisbet Educational Trust &...

The Misses Nisbet Educational Trust is a Charitable Trust established by the late Kenneth Nisbet Mure QC of Glasgow and of Heanish, Isle of Tiree. The purpose of the Trust is to support the advancement of education and that for the benefit of residents or former residents of Tiree, and in particular those who have attended […]

Self-Employment Income Support Scheme

On Friday 29 May 2020 the Chancellor announced that the government’s Self-Employment Income Support Scheme ( SSEISS)  will be extended, giving more security to individuals whose livelihoods are adversely affected by coronavirus.  Individuals can continue to apply for the first SEISS grant until 13 July. Under the first grant, eligible individuals can claim a taxable grant worth 80% […]

Flexible Furloughing

On Friday 29 May 2020 the Chancellor announced that the government’s Coronavirus Job Retention Scheme(CJRS) is being extended.  From 1 July 2020, businesses will be given the flexibility to bring furloughed employees back part time. This is a month earlier than previously announced to help support people back to work. Individual firms will decide the hours and shift patterns […]

Help with mortgages to continue for h...

On the 25th May the Government announced that homeowners struggling to pay their mortgage due to Coronavirus will be able to extend their mortgage payment holiday for a further three months or alternatively can start making reduced payments.  The availability of a three-month mortgage holiday was first announced in March and the first of these will be coming to an end […]

Tiree Community Support Assessment 

The Tiree Community Development Trust is keen to understand how the Covid-19 epidemic has impacted on our community. The information we collect from this short survey will guide our team on how we can help to support you and your families as the crisis develops.    Our survey contains 6 questions and takes no more than […]

Funding closing date announced Monday...

Pivotal Enterprise Resilience Fund and the Creative, Tourism and Hospitality Enterprises Hardship fund.   The volume of new applications for the Pivotal Enterprise Resilience Fund and the £20 million Creative, Tourism and Hospitality Enterprises Fund  has resulted in a closing date being announced. It is expected that both funds will reach their full capacity in the coming days, therefore anticipate these […]

BBC 4 PODCAST with Paul Lewis

9th May 2020 Useful 30-minute Podcast covering mortgages, advice on how to claim for support from the Self-employment Income Support Scheme, how to claim back ‘working from home’ costs and holiday refunds advice.  Pandemic-related salary cuts and being furloughed could affect your ability to get a mortgage. What will mortgage providers take into account – your previous normal salary or your 80% rate? And will job types in sectors […]

14th May 2020 Business Gateway Webina...

This webinar looks at the impact of the pandemic on businesses and identifies the positive and practical steps you can take now to structure your finances in response to the Covid-19 challenge.  Click link below to book   https://www.bgateway.com/events/structuring-your-business-finances-covid-19-challenge-national-webinar-16838 If you require any further information regarding funding, please contact  Alison Clark   Covid-19 Response Coordinator  Tiree Community Development Trust   E: alison@tireetrust.org.uk  T: […]

Pivotal Enterprise Resilience Fund

LATEST UPDATE: this fund was paused for applications at 5pm on Tuesday 5 May 2020 to allow partners to review applications received to date. We aim to reopen the fund next week and will keep businesses informed on next steps.  On the 30th April 2020 the Scottish Government announced that a fund had been set […]

HMRC Self-employment Income Support S...

From Monday 4 May HMRC will begin contacting customers (**see note below) who may be eligible for the government’s Self-Employment Income Support Scheme (SEISS).  The scheme will allow you to claim a taxable grant of 80% of your average monthly trading profits, paid out in a single instalment covering 3 months, and capped at £7,500 altogether. This is a […]